New Strong Buy Stocks for March 31st

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Kingstone Companies, Inc. KINS: This property and casualty insurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 22.6% over the last 60 days.

REX American Resources Corporation REX: This producer and seller of ethanol has seen the Zacks Consensus Estimate for its current year earnings increasing 15.7% over the last 60 days.

CION Investment Corporation CION: This business development company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

ACNB Corporation ACNB: This financial holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Forum Energy Technologies, Inc. FET: This company that designs, manufactures, and supplies products for the energy industry has seen the Zacks Consensus Estimate for its current year earnings increasing 17.7% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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This article originally published on Zacks Investment Research (zacks.com).

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